Valens Semiconductor Ltd expected to post a loss of 1 cent a share - Earnings Preview

Valens Semiconductor

26/02/2024 15:35

* Valens Semiconductor Ltd  VLN.N   VLN  is expected to show
a
fall in quarterly revenue when it reports  results on February
28 for the period ending December 31 2023
    * The Hod Hasharon Israel-based   company is expected to
report a
7.2% decrease in revenue to $21.78 million from $23.47 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.The company's guidance on November 8 2023, for the
period ended December 31, was for revenue between $21.60 million
and $22.00 million.
    * ​LSEG's mean analyst estimate for Valens Semiconductor Ltd
is
for a loss of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Valens
Semiconductor Ltd is $4.00​, above​ its last closing price
of $2.29. ​​​

The company's guidance on November 8 2023 for the period ended
December 31 was for gross profit margin between USD61.6% and
USD62.7%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.09       -0.09      -0.08     Beat    11.1
 Jun. 30 2023  -0.06       -0.05      0.00      Beat    100
 Mar. 31 2023  -0.07       -0.07      -0.03     Beat    57.4​
 Dec. 31 2022  -0.09       -0.11      -0.03     Beat    71.9
 ​​Sep.        -0.08       -0.08      -0.02     Beat    74.9
 30 2022                                                
 Jun. 30 2022  -0.09       -0.09      -0.04     Beat    56.4​
 Mar. 31 2022  -0.10       -0.10      -0.02     Beat    80.6
 Dec. 31 2021  -0.08       -0.07      -0.08     Missed  -22.5
 This summary was machine generated February 26 at 15:35 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)